Friday's local election results for Labour was a long-term economic disaster for the country. People do not realise but they have just shot themselves in the foot and for the future of their children and grandchildren. For we are in an awful financial and economic mess that has to be sorted with total debt by 2015 according to PricewaterhouseCoopers chief economist of $16.4 trillion equivalent, nearly 50% created whilst the last Labour government was in power for 13 years. Councils in this respect can lay the right economic foundations locally between themselves and private business in creating jobs. As I go around the country I see no Labour-controlled council interacting in any meaningful way with private business to provide the much needed jobs and wealth that our children will need for their futures - for jobs can only now be created by private business, nowhere else. So we shall have another generation where our young will have virtually no meaningful life to look forward to. Therefore those families who voted last week to put Labour in charge of our councils have unwittingly stopped any major hope locally that their children will have jobs in the future. When therefore will people learn that both government and councils have to work to one end, the creation of private sector jobs? With the conservatives and lib dems in government and Labour in charge of the local economies can we really see any jobs being created realistically? If so those who think so are living on another planet to myself. Indeed where are the jobs going to come from if government and councils are against each other. Clearly this is not the right environment to get us out of the biggest mess that this country has ever experienced and it will only exasperate the situation more and by the end of the year we will have near 10% unemployed, even more next year. It is therefore time that industry czars were appointed by government to all councils so that councils and business work together to create jobs. What I have seen up and down the country is that councils have not a clue and basically do not really interact with business to create jobs together - if they did and they did it right we would now be seeing tens of 1000s of jobs being created through national and export driven markets. Far from it unfortunately and I have seen no long-term jobs created as they should have been. The Councils want a very 'big' kick up the backside so that they wake up to reality. But overall it amazes me why people after being economically decimated by Labour, think that a protest vote will help them. The absolute opposite will be the outcome I can tell them and their children will definitely suffer from this insane fixed mindset. Just mark my words and when the next generation say to them that they have no jobs, just look at yourself in the mirror, for it was you who has unsuspectingly made it that way. For many English councils have up to £1 billion (some beyond) going through their systems ever year and if they cannot create any new jobs from this, then they are failing their communities, but where every year they just do that – for local jobs is what really counts. Labour has an abysmal record in this respect and Friday's vote for Labour will definitely despatch many more people locally to the dole queues. A pity therefore that people do not think of the long term effects on their children and not just for themselves. When will people realise what they are doing is the big question, and think of the long-term effects for their children through their protest vote and unrealistic actions?

Dr David Hill Chief Executive World Innovation Foundation